KPIT Technologies Share Price Target : KPIT Technologies has seen its stock drop 19.02 per cent over the past three months, underperforming the broader market by 3.21 per cent. Is this a buying opportunity or a book profit? Know what analysts recommend: Analysts at global brokerage Goldman Sachs have maintained a 'neutral' rating on the stock and decreased their target price from Rs 1,230, citing weaker near-term revenue growth and slower-than-expected ramp-up from new contracts.

3 reasons why Goldman Sachs maintains 'NEUTRAL', decreases TARGET Here are key reasons why the brokerage decreases the target:

1. Revenue outlook Goldman Sachs expects quarter-on-quarter (QoQ) organic revenue to decline by approximately 2 per cent in constant currency, with USD revenue down about 1 per cent

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